New Advertisements. PR 0 S. P E C T U S or KEMPTUORNE GROSSER & Co, New ZE.\L^^D Dhuo Company (Limited). Head OifrcE-DirstLtiN. To be Incorporated nnier "The Joint Stock Companies Act, 18G0.' 1 CAPITAL ... ... ... £200,000, In 100,000 Shares of 12 each, with : power to Increase. = ;... . Of Ibcv, 50,000 Shares only ai enow ; ('(Tercel to the publi.*, upoVwh'c'iit i; intended to call up 20s per Share, as if 1- [ I wa :— Deposit payable oa application. 5s per Snare ; 5» per share three month's after allotment ; and 5a per than?; dix re oaths "after allo'm<>nt Should tho Directors deem it advlsfaUe to make any further Call, three, montHb' notice of any such Cull wi 1 be given. . , 25,000 Shares; fully paid up, aretobi taken by Messrs. Keinnthorne Prosßer. and Co. , tho remaining 25.000 fahares I eiug : reserved for future issue, as may be determined'bV the 1 Directors. : ''. :■-■•;■■:,■ J ! ■ -■• •' ■< - ; ' : ' ■ : Provisional Dial;cTo ! KS : Robert Borrow 3, Esq , M.D., Dunadin J.G. Black, ' sq., Professor of Cbemhtry, Ot*go Univtfsity Heury Hoogbton, Esq., Merchant, Uunedin : , F. C. Batch^lor, Eeq, M.8.0.5., Dunedin Benjiman Bigley, Esq., Chemist, Dunedin T. S. Graham, Esq , Merchant, Dunedin » A. J. Fergusson, Esq., M.D., Dunedin • i H. A. Low, Esq , Merchant, Duuedin B. Hallensteiu, Ksq., Merchant, \ Dunedin Ti M, VyiikinFOD., Esq., Chemist, Dun- :; j." edin '".... . .•■ iWilHam Brown, Esq., M.B ,Dunediu ■'ML. Marshal 1 , Eyq : , Chemist, Dunedin Bas 1 Sievwright, £Bq., Solioitor, Dunedio R. S. Ray moud, Esq., Chemist. Dunedin C. A. Aniilug, Esq., Chemist, Dunedin. Robert Wilson, Esq., Merchant, Dunedin Win. Elder, Eeq, Chemist, Port Chalmers .-■•:,-' <3v'.?T. Jeffrey, Bsq.^. Cjbetniat, Lawrence J. Harrop, Efcj '", Chemist, Lawrence J, y... Ross, E g,. Chemist, Christchurch G BonningtoD, Eeq., Chemist, Chriatv church Jospph Hatch, Esq., Chemist, irivercargill; iJ. D. tfayes, E g'■ ChemUt. Inv^rcargill ; E. G. Lane, Etq , Chemist, Oamaru H.*T; C. Ed wards, Esq., Chemist, i amaru Dr. M'Jntyre, T maru K. Watkins, Etq., Chuniet, Timaru : R. S. Cook, Esq., Chemist, Timaru C. V. Bairaud, Eui^Chemitt, Welliogton J. A. Allen, Etq, Chemist, Willington Edwin Piuuimer, Etq , Chemist, WeiHogton ■ . - * -'■■ Ji Monteith, Esq., Chemist, Wellington Wm. Eife, Esq , Chemist, Wellington ' S. Brittaio, Esq., Chemiß.t, Wellington Frederick White, Ekj[ , Chemist Wel- : iin~ton Dr. Goldßbro', Auckland J)r. Bayntnn, Auckland' . Gravr-s Aickin, Esq , Chemist-, Auckland J. P. Kin£, Eta , Chemist, Auckland I[. Hamilton, Esq.-, Chemist, .Au-klandi J. N. Manning, E«q., Cbeuiißt, Auckland J. Edsoii, ii'sq., Chemii-t, Auckland, J. S. Welaman, Esq., Chemist,. Napier JU2TKEBS : THE UNION BANK OF AU3.IJULIA. Solicitors : MESSRS. S IVWRIGHT & STOUT. ' Vaiuatoks and Au itors : N. Y. A. WALES, Es<i , WILLIAM :-, ■ BRuWN.Esy. •; . ' laiteeim Slcrexary : MR. JAMES H ANN AY. ; ; This Company is projee'ed for the purpose of acquiring the well-kuown Wholesale Drug and General Business now and for many yearß successfully conducted by Meesrs. Kempthorue-Prosssr and Co. at Dunedin, Christchurch, . and Auckland, and at Wellington, under the style of " Felton, Grimw de and Co." A preliminary agreement has been entered into between the firm aod the Provincial Directors, rt siding m Dunedin, for the sale and purchase of the freehold and leasehi Id lands and buildings belong* iug to the firm, and now tut d for the' purpose of tho bneiness, at a price or value to be acert lined by the valuators, Messrs. Wales ond Brown. It has been arranged that the new Company eha'l J take over the plant, machinery, tixtnrcs, and entre stock-iL -trade at the actual cost to the firm, and all other the as.ets aud liabilities of the firm. Orders m courae of cxtcutioD, and goo^ a to arrive, are to be taken over at actual _cost. The Company will also obtain tKe benefit .of all the PATKNT AND I'ROPHIETAKY AHTlcles on the same terms upon which these are bow held, or manufactured by the firm, and -also of all existing contracts aud current business agreement?, which the Company will undeihke and complete. The fi-m agrees to ta' c shares to the val.u«* of i 50 ,000 .fully paid-aj)_.( nnlasive of .3750: shares allorted i.for.ttfe f goodwill of the biisin-Sfr). The J>uuedio and Branch Houses are m full nnd completo Svorking order, with good stocl.s, and all necessary appliances for carrying on an extensive trade/ Messrs T. W. Kempthorne and Evan Fros&er have consented to continue the management under the proposed new Company. The Wellington and Auckland branches are coud"cted by Meesrs T. Ancell and J. ,W. HentoD, -who have been -for many years m the service of the firnii,; and who are thoroughly competent, and experienced men of buaines~. The branches weie established with a view to secure the local and general business of the firm's ordinary customers, and especially < f tbe Chemists and Druggists throughout the colony— -bbj eta which have been satisfactorily a'tained. The Factory .at DuDedin is managed' by a duly qualified Manufacturing Chemist of extensive European and Colonial experience. The Steam Plant, which is well worthy of inspection, is of the very best class, with ;tLe most approved, drug-grinding miils, and all modern appliances for tho manufacture of chemical and pharmaceutical preparation?. The proniolers confidently place this undertaking ■ before tbe -publicans :i honn Jide paying investment, and, . ih,.doiuy so, would instaiKjo the lid vantage of securing-anold-establi'shed and lucrative business with a large mannf autuiing and import j ing trade m full operation, an contrasted /with ,the . risk generally attendant upon new mercantile ventures. The rapid ad\vauoemeut of the, colony .opens a -wide ? neld-'for iuanufactu'ring industries m (icnnection. with this business, such as Sulruunic Acid Wobks, AitnnciAL Manubks:, &c. It is, therefore, necesHary that, .the present operations of tho linn should be extended, for which a larger capital than the firm at presents commands -will be required. Although the amount of £100,000 to be called up m a larger sum than the invested . capital of Mes«rs Kempthorno, Prosser and 10., yet the amount of money employed m the btiine.ss upon which interest was paid, was not much short of the amount now j proposed to be called up, and, therefore, '
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Waikato Times, Volume XII, Issue 1012, 17 December 1878, Page 4
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981Page 4 Advertisements Column 2 Waikato Times, Volume XII, Issue 1012, 17 December 1878, Page 4
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